# South African Rand will struggle to break R11.80/$ - CNBC Africa

> Analysts expect the rand to struggle to break below R11.80 per dollar, after it opened slightly weaker above R11.90. The currency's moves were tied to a small dollar uptick and caution ahead of Eskom's financial results.

- Date: 2018-01-29 · published 2018-01-29T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/67272-south-african-rand-will-struggle-to-break-r11-80-cnbc-africa
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rand moves affect the local-currency cost of imported feed for South African buyers, but this routine currency commentary does not change global feed supply or demand.

## Read by commodity

- USDZAR: neutral

## Sources

- cnbcafrica.com: https://www.cnbcafrica.com/2018/south-african-rand-will-struggle-break-r11-80/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.